Re: [bitcoin-dev] Protocol-Level Pruning

Ah, thanks, I suspected the idea was too simple and must have been discussed before, but somehow I missed these proposals. I've got some reading to do. -Marc On Thu, Nov 16, 2017 at 11:14 AM, Bryan Bishop wrote: > It's not clear to me if you are have looked at the previous

[bitcoin-dev] Protocol-Level Pruning

It occurred to me that we could push the classic concept of pruning even further: we could significantly shrink the blockchain as well as reduce the amount of network traffic during initial block download by doing something I would call protocol-level pruning. This would, as of today, reduce the

Re: [bitcoin-dev] Centralizing mining by force

What you describe is an example of a majority attack ("51% attack"). No technical mechanism in Bitcoin prevents this. However in practice, miners are not incentivized to perform this attack as it would destroy confidence in Bitcoin, and would ultimately impact their revenues. -Marc On Mon, Nov